Stock loans are an asset-based lending solution in which borrowers can use company stocks as collateral for loans.
To ensure that you select the best stock loan program for your needs, you first need to think over answers to the following question:
- Do I need access to funds quickly?
- What type of assets do I have (stocks, bonds, etc.)?
- What are my investment goals? Do I want diversification or monthly income? Am I more interested - in capital gains or steady income from interest payments over time?
- How much money would I like being borrowed at any given point and will other financing be required at that time? The amount of money depends on whether you want to invest in a new business venture or whether you want to purchase a new car or treat yourself by buying that new luxury watch that has been on your wish list for years.
At Quotch, loans are approved quickly so that borrowers can access money faster and use it as they need without being hindered by lengthy approval processes.